OTCMKTS:CGGYY

CGG Short Interest Ratio and Short Volume

$1.19
-0.03 (-2.46 %)
(As of 04/13/2021 12:00 AM ET)
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Today's Range
$1.19
Now: $1.19
$1.22
50-Day Range
$1.19
MA: $1.30
$1.55
52-Week Range
$0.50
Now: $1.19
$1.57
Volume44,001 shs
Average Volume13,940 shs
Market Capitalization$846.48 million
P/E RatioN/A
Dividend YieldN/A
Beta3.37

Short Interest

CGG (OTCMKTS:CGGYY) Short Interest Data

Current Short Volume12,700 shares
Previous Short Volume9,000 shares
Change Vs. Previous Month:+41.11%
Dollar Volume Sold Short$15,748.00
Short Interest Ratio / Days to Cover2.0
Last Record DateFebruary, 26 2021
Outstanding Shares711,324,000 shares
Percentage of Shares Shorted0.00%
Today's Trading Volume44,001 shares
Average Trading Volume13,940 shares
Today's Volume Vs. Average215.65%

Short Interest Over Time


CGG (OTCMKTS:CGGYY) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/26/202112,700 shares $15,748.00 +41.1%N/A2 $1.24
2/12/20219,000 shares $10,620.00 -62.0%N/A0.2 $1.18
1/29/202123,700 shares $25,833.00 No ChangeN/A1 $1.09
11/30/2020200 shares $194.00 -90.5%N/A0 $0.97
11/15/20202,100 shares $2,289.00 No ChangeN/A0 $1.09
7/31/20201,400 shares $1,204.00 -6.7%N/A0 $0.86
7/15/20201,500 shares $1,290.00 No ChangeN/A0.1 $0.86
4/30/2020400 shares $464.00 -98.8%N/A0 $1.16
4/15/202033,300 shares $37,962.00 +291.8%N/A2.8 $1.14
3/31/20208,500 shares $9,435.00 -29.8%N/A0.5 $1.11
3/13/202012,100 shares $16,214.00 +12,000.0%N/A0.7 $1.34
2/28/2020100 shares $265.00 -85.7%N/A0 $2.65
2/14/2020700 shares $1,064.00 +16.7%N/A0.1 $1.52
1/31/2020600 shares $1,704.00 +200.0%N/A0.1 $2.84
1/15/2020200 shares $608.00 -66.7%N/A0 $3.04
12/31/2019600 shares $1,800.00 -71.4%N/A0.3 $3.00

CGG (OTCMKTS:CGGYY) Short Interest FAQ

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What is CGG's current short interest?

Short interest is the volume of CGG shares that have been sold short but have not yet been covered or closed out. As of February 26th, traders have sold 12,700 shares of CGGYY short.

What is a good short interest ratio for CGG?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. CGG currently has a short interest ratio of 2.0.

Is CGG's short interest increasing or decreasing?

CGG saw a increase in short interest in February. As of February 26th, there was short interest totaling 12,700 shares, an increase of 41.1% from the previous total of 9,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

How does CGG's short interest compare to its competitors?

0.00% of CGG's shares are currently sold short. Here is how the short interest of companies in the industry of "oil & gas exploration services" compare to CGG: Paramount Resources Ltd. (0.00%), Africa Oil Corp. (0.00%), Pgs Asa (0.00%), Premier Oil plc (0.00%), Zion Oil & Gas, Inc. (0.00%), Dawson Geophysical (0.39%), ION Geophysical Co. (8.15%), NXT Energy Solutions Inc. (0.00%), ReoStar Energy Corp. (0.00%), and Terra Energy & Resource Technologies, Inc. (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($8.73 billion), Aon plc ($5.69 billion), Analog Devices, Inc. ($5.19 billion), Charter Communications, Inc. ($5.16 billion), GameStop Corp. ($3.76 billion), Snap Inc. ($3.35 billion), Discovery, Inc. ($3.00 billion), Airbnb, Inc. ($2.48 billion), The Kroger Co. ($2.23 billion), and Futu Holdings Limited ($2.21 billion). View all of the most shorted stocks.

What does it mean to sell short CGG stock?

Short selling CGGYY is an investing strategy that aims to generate trading profit from CGG as its price is falling. CGG's stock is trading down $0.03 today. To short CGG stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that CGG will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against CGG?

A short squeeze for CGG occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of CGGYY, which in turn drives the price of the stock up even further.

How often is CGG's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including CGGYY, twice per month. The most recent reporting period available is February, 26 2021.



This page was last updated on 4/14/2021 by MarketBeat.com Staff
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